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Russian firm Avialeasing files for bankruptcy
A commercial court for the Perm region of Russia has registered a bankruptcy application filed by Avialeasing. Avialeasing, part of Avialeasing Group, is a Russian financial leasing and investment company that has specialized in aircraft leasing and
Updated: 11/09/2011 07:34A
Australian Bankruptcies Rise; Myer Holds Annual Outlook
Australian corporate bankruptcies surged in the third quarter to September from a year ago by 18% to 2961. The filings increased 11% from the previous quarter, according to the Australian Securities & Investment Commission. In the first nine months,
Updated: 11/09/2011 07:33A
Why You Should Hold Some Gold Bullion: Lessons From MF Global
So how does this relate to gold bullion trading? In a separate article, we discussed how high markups could have a detrimental effect on some investors, but on the whole, at least in the gold market, the premium is in the possession of the customer.
Updated: 11/09/2011 07:32A
GOP Presidential Candidates to Debate at Oakland University
After getting government bailouts and going through bankruptcy, General Motors Co. and Chrysler Group LLC are now making money and hiring again, points President Barack Obama made last month during a stop at GM's small-car assembly plant in Orion
Updated: 11/09/2011 07:30A
Wall Street Breakfast: Must-Know News
AOL, Microsoft and Yahoo will still compete with each other for advertiser spending and Internet publisher partners, and don't expect antitrust concerns from the Department of Justice. Time will tell on that score. Cisco to show whether it's turning
Updated: 11/09/2011 07:27A
Republicans Attack Obama's 'Money Problems' After Solyndra, Corzine
The program — designed to jump-start the nation's clean technology industry by giving energy companies access to low-cost, government-backed loans — has directly created 3545 new, permanent jobs after giving out almost half the allocated amount,
Updated: 11/09/2011 07:26A
Jefferson County Commissioners stuck on debt solution decision
Jefferson County Commissioners met Tuesday to decide between four solutions including bankruptcy. After 8 hours, there was still no decision and it is not clear what the hold-up is. Calls to Commission President David Carrington to find out what
Updated: 11/09/2011 07:25A
Ambrose Evans-Pritchard: The biggest bankruptcy in history cannot be allowed
You cannot allow the biggest bankruptcy in history to run its course – with calamitous domino implications – before all options have been exhausted. One can only guess what is happening in the great global centres of power, but it would not surprise me
Updated: 11/09/2011 07:25A
Greek leaders struggle to name new Prime Minister
Political leaders were scrambling unsuccessfully today to find a new prime minister to lead Greece back from the brink of bankruptcy, after a plan to name a former central banker ran into trouble. As negotiations entered their third day, a government
Updated: 11/09/2011 07:04A
RPT-Chicago's Harris Bank plays role in MF Global mess
Lawyers representing Harris Bank in the MF Global bankruptcy did not return a phone call or email seeking comment. Kent Jarrell, a spokesman for James Giddens, the New York attorney approved by the bankruptcy court to oversee the liquidation of MF
Updated: 11/09/2011 06:47A
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